Goel Amar K., the Chairman and Chief Innovation Officer of PubMatic, Inc., has reported the sale of 10,795 shares of the company. This transaction, filed on October 6, 2026, is significant as it showcases Amar's ongoing adjustments in his ownership stake within the firm.
PubMatic, Inc. is a technology company that operates in the services sector, specifically focusing on computer programming and data processing. The company is publicly traded under the ticker symbol PUBM and is incorporated in Delaware.
According to the recent filing, the shares were sold on October 5, 2026, at a weighted average price of $18.6649, with individual sale prices ranging from $18.29 to $18.96. Following this transaction, Amar K. retains ownership of 35,580 shares of PubMatic.
This sale may affect investor sentiment regarding PubMatic as it indicates Amar's strategic decisions in managing his stake. However, it is important to note that he remains a ten-percent owner and a key figure in the company's leadership.
The filing does not specify what actions may follow this transaction, leaving future developments uncertain.
Details of the Transaction
The sale of 10,795 shares was executed under a Rule 10b5-1 trading plan that Goel Amar K. adopted on June 4, 2026. This trading plan allows for predetermined sales of stock, providing a structured approach to managing his holdings while minimizing the risk of insider trading allegations.
The shares sold were Class A Common Stock, and the transaction was coded as a disposition (D) in the SEC filing. Following the sale, Amar K. continues to hold 35,580 shares of PubMatic, reflecting his significant ownership stake in the company.
Company Overview
PubMatic, Inc. operates within the services sector, specifically categorized under the Standard Industrial Classification (SIC) code 7370, which pertains to computer programming and data processing. The company is incorporated in Delaware and has its business address located at 601 Marshall Street, Redwood City, CA 94063.
"The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth herein, upon request."
As of the filing date, the fiscal year for PubMatic ends on December 31, and the company is publicly traded under the ticker symbol PUBM.
While the filing provides insights into the recent transaction and the ownership structure, it does not include any information regarding future plans or intentions related to the shares held by Amar K. or the company’s strategic direction.